Redemption
The repayment of bonds prior to their maturity date.
Provisions in a Bond that permit or require an Issuer to prepay or redeem Bonds before the stated Maturity Date. Such provisions are found in an Indenture or the Bond Resolution under “Redemption.”
See Also
The repayment of bonds prior to their maturity date.
A meeting of all the parties prior to the closing, often held the day before the closing.